Timbercreek Financial Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
August 31, 2024 at 06:22 pm
Timbercreek Financial Corp. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was CAD 4.37 million compared to CAD 0.085 million a year ago. Net income was CAD 15.36 million compared to CAD 16.89 million a year ago. Basic earnings per share from continuing operations was CAD 0.19 compared to CAD 0.2 a year ago. Diluted earnings per share from continuing operations was CAD 0.18 compared to CAD 0.2 a year ago.
For the six months, sales was CAD 8.72 million compared to CAD 0.168 million a year ago. Net income was CAD 29.73 million compared to CAD 34.99 million a year ago. Basic earnings per share from continuing operations was CAD 0.36 compared to CAD 0.42 a year ago. Diluted earnings per share from continuing operations was CAD 0.36 compared to CAD 0.41 a year ago.